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behind obama's plan. prez also met privately today today with small business owners. the white house hopes to convince republicans to tax increase for the wealthy and extend tax cuts for middle class. they're meeting is scheduled for the first week in december. >> the fiscal cliff loomed large on wall street. the stocks delined a mist concerns. dough fell 89 point. retailers boasting record sales for sign or monday. a survey shows online sales rhodes 30%. compared to same lime last year. that make it is the biggest online shopping day ever. researchers sate number of people shopping with their smart phones jumped more than 70%. >> a new program is giving potential home inners neither bay area some home. officials in oakland this morning to announce city lift fm. offers down payment assistance. the program a joint effort betweenwells for a foe and the unity council to revitalize neighborhoods. >>> a great holiday season experience 250 families are going tote to get a $20,000 down paint towards stabilizing many of the neighborhoods in oaklandened surrounding cities. >>> city lift fm ap
about where is president obama's plan? >> sean: hold on a second. >> he's the one that won. >> sean: you're making my point. where is the conversation about cutting, dir dick durbin, harry reid? >> the president sold a lie. the lie is you can have these goodies and it will be paid for if you tax the rich for more. that's economic nonsense. i want to give you one number. the unfunded liability of medicare, one entitlement program, is $42 trillion. that's money that we've got to shell out in the future, which we do not have. are you going to tell me we could tax the rich? >> i am not telling you, but this is what i'm saying, that the tax reform and entitlement reform should and could be a bigger part of this conversation, however to focus on the republicans now at this point i think is chasing a rabbit down a hole. it is not the republicans' responsibility to come up with a plan. president obama won fair and square. he's the won who needs to persuade america that the policy is right. >> sean: we have the exact same situation as we had before. all this money was spent, all the arguing over
president obama's plans to push for immigration reform. vice president biden will lead a u.s. delegation to the inauguration on saturday, a trip president obama admits he envies. >> any excuse to go to mexico i'm always game. in fact, i'm jealous of joe biden. >> secretary of state hillary clinton, meantime, who is expected to step down in the months ahead, is reflecting back on the last four years. who has impacted her more than anyone else she's met over hundreds of thousands of miles on the road? >> well, i've met a lot of really extraordinary people. i've been very fortunate to do that over the course of my life. but if i have to pick only one, for all the reasons that are well-known publicly and all the lessons that i learned from him personally, it would be nelson mandela. >> former senate majority leader bob dole is expected to be released from walter reed medical center today after being hospitalized for what's being called a minor procedure. dole turns 90 next year. >>> seven protesters bared it all outside speaker john boehner's office. three women were arrested by capitol poli
defections on the republican side. tom cole is a savvy survivor. he said we have to go with the obama plan. basically what he understands, that i think the speaker maybe understands is sometimes in politics as in life have you to do something you don't want to do. what the republicans don't want to do is raise revenues from the wealthy, but they have to and they must and they will. >> but congressman, the last time i looked, the president had won the election. and exit polling showed more people agreed with his approach on taxes than even voted for him. now, i understand that speaker boehner doesn't like the fact that he lost and we offer him our condolences every day. isn't it time he responded to what voters want? this is what voters have said. >> well, exactly. i think eventually he'll get there because the alternative in stone walling to hold onto those tax cuts for the wealthy is christmastime will be a $2200 tax bill. that's a disaster for them. it will hurt the economy, as the speaker was saying but that will be on them. so, he's got an out. the challenge, since he has a caucus that
to move forward in the economy into an obama administration's plan for the future of america. >> well, douglas brinkley, james peterson, thank you for your time tonight. i think it's a healthy thing. i'm very firm and clear on my positions but i also think it's very important until a divided country that we show none of it is personal and that the american people are far more important than any of our partisan views. that's why it was good the president met even today with ceos who had opposed him, marriott, state farm, caterpillar, at&t. let's have a tone of not having the koucountry at each other's throats but let's be firm. we'll be right back after this. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. a new way to save on your p
. and then it's back to the campaign trail for the president on friday as barack obama attempts to sell his budget plan while speaking at a toy factory outside of philadelphia. yesterday chuck todd asked jay carney if the president was running out the clock ahead of the last minute deal. >> isn't everybody just killing time until the deadline comes? can seems like everybody is just -- >> they're not killing time to me, chuck. >> until the final week and the jet fumes, people get out of school and the holidays come and then everybody will actually hammer it out? >> look, here's a fact. the president has on on the table a proposal that reduces the deficit by $4 trillion. that is substance. so he has not waited for people to start smelling the jet fumes at national airport. he has actively put forward a plan. >> top republicans are saying president obama should be spending less time politicking out in the public and more time working behind closed doors in washington to try to hammer out a deal. >> rather than sitting down with lawmakers of both parties and working out an agreement, he's back
in january, they ran against president obama's plan. so perhaps he thinks he needs to do a little of that. but remember, this is also from a political pr standpoint, remember that's what i said i would do it as well, that he's got the republicans on the ropes and they know it. and republicans may seem a little in disarray, and trial for good reason. they did lose and there is party splits. but i think that the conversation is healthy and people are staking out some territory. i really think that the republicans are on the right side of good policy. they just don't necessarily have the best politics. >> brian: my thought is if you go on the road with a plan, you have something to talk about. basically what he's going on the road is, ask we're going to raise tax rates. he's going to keep saying that. i was encouraged that senator dick durbin, number two ranking democrat, said we can't just up taxes on the rich and expect the budget to balance. he does think everything should be on the table. i would build off statements like that and i want to hear that. >> and also if i were the rip, i wou
that. when i win, i have a plan. >>> 39 minutes past the hour. facing the fiscal cliff, president obama courts the biggest ceos on wall street. yesterday he reached out the smallest business owners on main street. we'll talk to one of them coming up. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. americ
at an event in fort meyers and said that president obama's economic stimulus plan was going to be good for florida and good for the country. a few months after that, he announced instead of running for governor, he was going to make a bid for the senate. at the time the idea was to keep a republican in that senate seat. charlie crist was popular so he presumably could do that. he could hold that seat for the party. he jumped into the republican primary only to find he was running there against florida house speaker marco rubio, who was an anti-stimulus tea party candidate. mario rubio and his supporters wailed away on charlie crist for the hugging and for the stimulus. and it worked. crist dropped out rather than get wol lopped. he stayed in the race as an independent, but he got run over by rubio and rubio took the seat. that's how charlie crist got pergeed from the republican party. this was how his demise was explained. the hug that doomed crist's senate bid. charlie crist, you embraced the democrat. get out of the party, you are done. that's how the story has been told. maybe there
that there are no face-to-face negotiations. republican leaders and president obama plan to take their arguments to the american people and directly and go on what many are calling a road show. republicans are planning to schedule event with small business owners across the country, arguing that if you did not extend tax cuts for the wealthiest americans, those making more than $250,000, it will hurt small businesses. is that true? guest: hurt is a subject of word. it will effect small businesses. it will reduce the after-tax increase -- income of 3% of small businesses. whether that hurts them is another question. it could mean between $5,000 and $20,000 less. owners might still be taking home $110,000 in income, and there is some money left over to reinvest. on the one hand, it could mean they could not hire an employee, by a new oven if they are a restaurant, or refurbish the lobby, but on the other hand you could say that they already make a large income. it is true that 3% will be effected. will it hurt them, yes, to some degree, but is that bad for the country? that is more a question of p
. >> now, here is the question. has president obama put this s fiscal cliff plan on the table. one member of the senate says it is time for president obama to tell america what this man is. that senator is pat toomey of pennsylvania. he is going to join us here in 25 minutes. next up is the republican party about to lose it's soul and principles over the fiscal cliff debate. why is nobody talking ip t inin media about spending cuts. let's talk to brent great to see you on the show. thank you for coming. let me start with this thought. over this fiscal cliff debate. nobody is cutting spending. everybody is talking about taxes. is the gop losing it's soul and principles? >> no one is being serious in it's debate. the fellow from adi is making sound statements. but he is whistling past the graveyard. there is no problem that the obama budget calls for spending giving us a deficit of $1 trillion per year as far as the eye can see. tax cuts didn't cause this. it is spending that caused this. you go to spending. you have the cpo itself is saying the only way to do this is getting obamacare out
are wiping -- are winding down. >>> president obama still avoiding the plan to avoid the fiscal cliff. [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything about it. ♪ [ continues ] [ gasping ] >>> the cold front arriving. wind, not too bad. but about 30, 40 miles an hour. the rain picking up. no doubt about it. all the way up from mendocino. we'll have morning rain and then turning showery this afternoon. >>> president obama is under fire for not doing enough personal negotiating with congress over ways to avoid the fiscal cliff. instead, as alison burns reports, he's once again, taking his pitch to the public. >> reporter: that's right, tori. instead of negotiating directly with republicans, president obama's schedule includes more public outreach. he will be speaking in 15 minutes from the white house. the headline on the official website asks for public feedback and the obama we
from you. >> obama and reid and nance than plan to spend a great deal of money they did, then they asked to come back and ask republicans to put their fingerprint on a tax increase to validate hire level of -- a higher level of spending, whether they turned and asked the republicans would they please, as they were willing to in '82 and '90, raise taxes so the democrats could spend all of the money, the democrats said no, they said no several times, and they said, no, no, people said why,ome republicans said, i made a commitment to my voters, in writing not to raise taxes, behind closed-doors you can give somebody goodies but you cannot undo a commitment they make in writing to their voters, they decide since atrshares that pledge with all candidates, republicans and democrats, maybe if they attack me, that would make the pledge go away. the problem is, as handful of congressmen as you point out, know they say, well, i would like ta raise taxes, and they look at me like i'm going to tell them it's okay? don't talk to me. neil: here is my theory, i think there is more to i
. the suspect ran away from the scene. none of the victims were injured. >>> today president barack obama will meet with middle- class americans and ceos. he is pushing his plans for averting that fiscal cliff. they are pushing congress to renew tax cuts before they expire by the end of this year. what they are saying about the president's campaign style approach to deal with this looming crisis. >>> and 400,000 californians are carefully watching this fiscal drama and that's because emergency benefits are due to expire unless congress agrees to an extension. here they are noticing possible loss of benefits are being mailed out this week. >>> let's check in with tara in for sal castaneda, it could be a sticky commute with the rain. >>> yes, we want to make sure you give yourself enough time today and right now if we take a look outside, this is a look at the east shore freeway as you drive towards the mcarthur maze, and as we look at the bay bridge toll plaza folks are headed to san francisco and they are not experiencing any delays. finally a look at 280 in san jose, traffic is looking g
. >> reporter: instead of negotiating directly with republicans, president barack obama's schedule is focused on a more public outreach. they ask for public feedback and the obama campaign is more detailed about the president's plan to avid the visibility -- avoid the fiscal cliff. he met with small business owners and he meets with ceos and in middle-class families today and he takes his message on the road friday and republicans say, enough campaigning. >> it seems our friends on the other side are having difficulty turning off the campaign, we need sit down and work this matter out. >> reporter: they have a my 2k retch reference to -- reference to the 2,200 dollars tax increase that middle-class americans would see if the bush era taxes are not extended. ktvu channel 2 morning news allison burns. >>> time now 6:16, well the florida socialite involving general david petraeus is now speaking out. jill kelley hired a well-known lawyer in washington d.c. she has released phone recordings that she never tried to exploit her friendship with general david petraeus. they also wrote to the attorney
it really be that president obama does not plan to compromise at all? >> well what the president is trying to do and you heard it today, you mentioned it in his speech. what the president is trying to do is set aside the issues of taxes and the looming spending cuts and redo the negotiation that they had in the summer and say, don't bring in your healthcare reform stuff, don't bring in your medicare, don't bring in social security, focus exclusively on the question of whether or not you will raise taxes in order to offset these automatic cuts. the white house is trying to portray this as a one-for-one deal that they are going to renegotiate what they already negotiated in august. they say if republicans want less spending cuts on the defense side they better be willing to give up on the tax side and have tax increases. i think they are perfectly willing as it stands now to take it off the cliff and let the taxes go into effect, because if the republicans won't give them what they want on a tax rate increase for top earners they think they will get them later once people are outraged that t
alternatives. > > thank you. president obama hits the road this week to talk directly with americans about budget plans, possibly in hopes of putting pressure on his republican opponents to compromise on a budget deal. the president will meet with middle class americans today at the white house and then travel to the suburbs of philadelphia friday. top ceos from across the country including llyod blankfein of goldman sachs will be talking with congressional leaders on the hill. those same ceos will then meet seperatly with the president. despite signs that negotations between the gop and president obama may be faltering, the white house spokesman is putting out an optimistic tone. "i would point to comments by members of both parties that demonstrate, i think, significant movement toward compromise that, as i have seen and as you and others i'm sure have reported on, demonstrate a change in tone." the president and republicans have just 33 days to avoid another recession. at the end of the year, tax breaks expire and drastic spending cuts are due to take effect. bracing for those higher ta
with the country. plus his plans to fix the gop. >>> plus president obama's tax push. he wants the rich to pay up but is it fair? >>> and one of the most influential spiritual leaders in the world, america's pastor, rick warren. he was there at barack obama's first inauguration. will he be there again? we're talking politics, same sex marriage and the "two and a half men" star whose christian conversion has him attacking his own show. this is "piers morgan tonight." >>> good evening. our big story tonight, countdown to financial doomsday, the fiscal cliff and the clock is ticking. 35 days left before this massive sweeping tax hike. america's now at the mercy of washington, hoping that both sides can end the fighting and make a deal. anti-tax champion grover norquist last night told me he's keeping republicans to the no tax increase pledge they made decades ago. but should his party back away from that promise? joining me in his first interview since the election, reince priebus, chairman of the republican national committee. welcome back, mr. priebus. how are you? >> doing great, piers. how are y
. we are awaiting remarks from president obama. he is pushing his plan to try to avoid the year-end fiscal cliff. this speech comes ahead of a meeting between the president and business leaders later today discussing actions the white house says are aimed at growing the economy and finding a quote, balanced approach to reducing the nation's deficit. let's bring in our panel. mary katharine ham editor-at-large of hot and fox news contributor. peter mirijanian former advisor to the clinton-gore and gore-lieberman campaigns. when the president arrives at the white house to speak, he will have people behind him, ordinary americans who reached out to the white house and want their $2,000 middle class tax cut preserved. republicans are saying this is essentially a campaign stunt, a campaign appearance kind of event of the he won the election. he should get on the business of governing. what do you say? >> well, one quick observation, jon. i think what you're seeing, what i think is interesting the first social media presidency. this administration using technology and using so
the irony here is that obama and boehner still have no plans to meet themselves face-to-face. the two did meet before congress' thanksgiving recess along with the other two three members of the house and the senate. they had plans to meet again this week but still nothing is scheduled. it is not a great sign and shows that the two groups are practically incapable of working together. the last time obama and boehner tried putting together a big deal over the budget, that completely collapsed and this time around, the american people are getting less and less optimistic that congress will be able to reach a deal before the tax hikes and spending cuts kick in just 33 days. it is going to look bad for congress if they cannot get this done and some republicans are saying it's time to give in. politico's also reporting oklahoma representative tom cole told his g.o.p. colleagues yesterday to move forward with the president's he plan to extend the tax breaks for everyone except the top 2%. cole said that he does not agree with raisin
schechner in the current news center. >> and she loves you back. good morning everybody. president obama talks about his plan to reduce the deficit by raising taxes on top earners today. this part should not be a tough sell for the president especially with the general public. abc "washington post" conducted a poll that reaffirms that 60% say let's do it. while it's mostly democrats and independents in favor, 40% of republicans agree to do it as well. that should give republicans some room to negotiate. tom call from oklahoma tells politco-that he thinks we should extend tax cuts and change the tax for top earners at a later date. taxes could go up but that does not constitute voting for a tax increase. a meeting with a big list from goldman sachs we're back after the break. as i looked out across the battlefield at antietam. i saw the future of one great nation. but only barely, because the sun was like, way in my grill. george mcclellan, the general, hands me his pair of foster grant sunglasses, and i could see! my wife, mary todd, found them so fetching. >> he looked so fine i starte
for president obama. he is a mideast analyst. both supporters and opponents are planning more giant protests on friday as well as sad. what's your assessment of the situation and the back and forth between the two sides? >> well, i think what we're seeing is is that this is a new egypt. anybody who thought that president morsi could come in and act like president mubarak and could rule as opposed to govern, there's no doubt that's not the case. there's no doubt he miscalculated. he thought in the aftermath of brokering a ceasefire between israel and hamas, that gave him a new standing internationally, gave him new stature in the region, and it did and he could somehow use that to convert it into new power within egypt himself. what he's finding is in fact the new egypt is an egypt where people feel that their voices matter and that there's not going to be a new ruler. there's going to need to be a president who governs and he who governs is going to have to govern recognizing and respecting checks and balances. >> certainly democracy is a very slow process and certainly for a country that's
the senate's support if president obama nominates her to become the next secretary of state. >>> time now 6:11. speeding things up at sfo. the new plan to deal with all those delays. >> how does this happen? the security breach caught on camera just feet from a runway. >> plus, a driver's incredible bravery on a burning school bus. the risky move that saved a child' life. ,,,,,,,, when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. international airport says he caught a blatant security breach on his cell phone camera.. he >>> well, check this out. a passenger at hartsfield- jackson atlanta international airport says he caught a blatant security breach on a cell phone camera. he recorded a woman at the waiting lot tossing a bag over a fence to an airport worker. the bag gets stuck and the worker climbs up to get it. this happened feet from the runwa
. >> reporter: good morning, savannah. white house officials say president obama still plans to nominate susan rice as secretary of state and democrats are confident they will have the votes to confirm her in the senate if she's nominated but top senate republicans are not backing down from their opposition. susan rice returns to capitol hill today for another day of republican outreach. this time with senator susan collins of maine and bob corker of tennessee. but rice's fence mending stalled as she submitted to a grilling over benghazi by her republican critics who had this to say. >> we're significantly troubled by many of the answers we got and some we didn't get. >> bottom line, i'm more disturbed than i was before. >> reporter: rice acknowledged she was wrong on key facts days after the attacks when she went on five morning programs and said benghazi was a copycat attack after protests in egypt. >> what happened in benghazi was in fact initially a spontaneous reaction to what had just transpired hours before in cairo. >> reporter: tuesday rice acknowledged there was no protest in benghaz
, obama back on the campaign trail as he pushes his plan to keep us from falling off the fiscal cliff. hearing from a group of small business owners who met with the president yesterday. new evidence why green energy is a wasteful end to taxpayer money. wait until you hear about a new lawsuit causing bashes against wind companies. the los angeles auto show starts this week, the biggest of the year, gerri follows every cent later next on "the willis report. i always wait until the lt minute. can i still ship a ft in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. heartburn symptoms causedelieve by acid reflux disease. by december 22nd osteoporosis-related bone fractures and low magnesium lels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. gerri: a cliff nobody's talking about. federal green subsidies expected to expir
negotiations to playing out in public. today the president laid out the plan to step the looming tax hike in a public push that seemed like a campaign event. president obama meeting with a group of what he described as middle class americans, and repeated the argument for raising taxes on families earning more than $250,000, a plan which republicans so far reject. the president said the re-election shows a majority of americans support his approach. >> not just democrats but also a lot of republicans and a lot of independents agreed we should have a balanced approach to deficit reduction that doesn't hurt the economy or hurt middle class families. glad to see if you have been reading the pains more and more republicans in congress are agreeing with this idea we should have a balanced approach. >>shepard: he referenced some in the g.o.p. who signal they could be willing to play bull. the republican leadership still is insisting they will not consider tax hikes. >> republicans are willing to put revenue on the table the it is time for the president and democrats to get serious on the spendi
obama and republican leaders plan to take their stake in this, their arguments, to the american people directly and they plan to go on what many are calling a road show. republicans plan to schedule events with small business owners across the country. they're arguing if you don't extend the tax cuts for the wealthiest americans, those making more than $250,000, that it will hurt small businesses. is that true? guest: hurt is a very subjective word. so it will affect about 3% of small businesses. and i've been looking into this and it will in fact, you know, reduce the after-tax income about 3% of small businesses. whether that hurts them, whether that's fair is another question. it could also mean about $5,000 to $10,000 less -- between $5,000 and $20,000 less if you want to use a wider range of income for a business. now the owners of the small business still might be taking home $110,000, $10,000 a year in income and there's still money that's left over. now on the one hand, $10,000 less in income might mean they can't hire an employee next year, it might mean they can't buy an oven
announced that president obama will be hitting the road in an effort to win public support for his plan. he is meeting with business leaders friday he is going to for a factory in pennsylvania. the campaign style trip is in a tent to build pressure on congress through public support rather than the behind closed doors support used in last summer's and that talk. that is not sitting well with the senate minority leader. >> there is some concern i read this morning that the president plans to hit the road next week to drum up support for his own personal approach to be short and long term fiscal challenges we face. in other words rather than sitting down with lawmakers of both parties in working out an agreement he is back on the campaign trail. presumably with the same old talk that we are all quite familiar with. we already know that the president is a good campaigner, we congratulate him on his reelection. we don't know is if he has leadership qualities necessary to read is lead his party to a bipartisan agreement on big issues. like we currently face. >> there's a new poll is a 67 percent
tax reform. there's pressure on obama to do corporate fundamental tax form, not individual. and the prime is he going to take corporate rates down but his plans are to increase the rates they 119 subchapter s. small businesses pay, and just one -- in addition to we're having this conversation there are five tax increases that are not being discussed. they are the five obamacare tax increases that start january 1. they are on but you're rather substantial but it's hundreds of millions of dollars start kicking in on the american people january 1, thanks to obamacare. when you talk about, i think the correlation of forces between the two sides is different than obama sees. obama goes i won the reelection. i get to do whatever i want, let's go. which was his attitude four years ago and he ran his car right into the bridge abutment and five much. took 70% approval rating down to the 50, never got back. gave himself republican house in 2010 because he ran and spent all that money thinking that the american people had signed off on that because they voted for him and didn
obama will be making their case to regular americans this week. republican leaders say he should be negotiating, not campaigning. he's not the only politician planning a fiscal cliff road trip. we'll go to the white house and the fox report coming up in a bit. first, hours ago, more than 200,000 people crowded into the central square in cairo to call for an end to the new egyptian leader's regime. it was an enormous show of strength from the opposition that spent days blasting egypt he is new president, morsi. he upset just about everybody last week when he decided to give himself broad new powers that say his decisions don't need approval from any court. essentially he's above the law. really no different than a dictator. protests showed their across the country, some of them violent. street fighting this between demonstrators and police. president morsi tried to calm the criticism by promising to reserve his new powers for only the most important decisions. but that didn't appease the protesters. remember, just last week, the united states was publicly praising president morsi
, medicare and medicaid from any cuts in the friscal cliff negotiations. >> ceos meeting with president obama at the white house. that pow wow kicking off within the hour. >>> also ahead, this important story -- >> i plan to go to law school of a i graduated. looks like my folks won't have enough money to put me through college. >> well, the world needs ditch diggers too. >> student loan debt nears the $1 trillion mark. that's right. $1 trillion. new evidence college may not be worth it after all. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> another retailer declaring a special dividend. let's send it over to kayla for a quick market flash. >> that retailer is guess. that dividend came amid a lackluster quarter for the company. it beat on the top line but missed on the bottom line. it lowered guidance for next year a
the republican side. they are considering taking the romney tax plan! why the hell did we have an election? you got to understand something both sides raised a billion dollars. you think those people don't want their money back? yes, obama got some small donors, but the lions share was very verge donors and now they want their return on investment. all that nonsense you said during the election, give me my tax cut. our system is broken. money runs everything, this is sick gross not what you voted for. all right, when we come back, republicans attacking susan rice, but have they gone too far. some claim there might be racial implications here. i'm not sure about that. we'll discuss it when we return. >> he gave us the optics of he and lindsey graham wrongly and repeatedly attacking a much younger black woman. >> cenk: later in the program the movie about getting osama bin laden. did they get classified information for that? >> your in the wind, in the sand, in the sound of a rotor wash and you can't see anything, you know, and you imagine what it would be like to land in this place. question: wh
familiar with. >> greta: senate minority leader mitch mcconnell blasting president obama for leaving washington during a crisis, but the president's not the only one taking his fiscal cliff show on the road. house republicans are also planning to tour the country taking their message to small businesses. so why isn't anyone staying in washington to get the job done? joining us our political panel, rick klein, bob kousa and byron york. byron, where is everybody? >> we don't want to be around the table, trying to hammer something out. i kind of agree with senator mcconnell that the president is going to do a bunch of talking points, go up to pennsylvania, and i think go to the manufacturer of tinker toys. so it should be a nice photo op and everything, but won't get anything done. also the president campaigned on a platform of raising taxes. that's kind of unusual that he did it, and he won. so he already has a victory to say, look -- >> greta: he has a victory, but we still have a fiscal cliff problem. he may have his political victory, but we still have the problem. >> yeah, we do, b
president obama's top choice to replace hillary clinton and the president, as you know, appoints 16 members to his cabinet. they planned to leave after the president's first term. clinton, secretary clinton is one of them. in addition to ambassador rice, some have suggested the president considering senator john kerry. national security adviser tom donilon and on the short list as well, i want to bring in doug brinkley to join us. first of all, thank you very much. put this in perspective, if you have. we've seen this develop over the last couple of days and even the last couple of hours. the critics are not satisfied at all with what they are hearing. is there a point, is there a time now when perhaps the administration is thinking, cut their losses, this is not necessarily the right nominee? >> i would hope that that rubicon occurred today when senator collins turned her back on rice, that was not a good omen for rice becoming secretary of state. it's been a lot of testing and trial balloons making confirmation hearing. she very possibly likely could. but it will be a bruised affair and i
of this stuff? >> he has a plan on the table, so it's a little bit of a discussion that we've already had. >> let's talk about the politics a minute. the future of obama for america. how much a part of the dnc does it become? how do you do in 2014 what obama for america was incapable of doing in 2010? >> well, let's talk about 2014. those decisions are being made now whether obama for america gets housed at the dnc -- >> could it be a separate organization? >> or it could be a separate organization. i think that coming out of the 2008 election organizing for america, which was really -- >> but you housed it in the dnc. >> right. those decisions are being made now. but i will say that 2012 is a little bit different than 2008. the american people nope the preside president. they know they've elected him once. they elected him again because they want to get a series of things done. the president ran on an agenda so there's a lot we need to get accomplished. ofa, obama for america, those millions who helped get the president elected, they want to get that agenda done. so i think you'll see a
's a live shot of the white house. we are still expecting president obama to speak in about two minutes' time. even the oracle of omaha is watching washington. warren buffett outlining the plan he thinks could get the fiscal house in order. take a listen. >> the plan would get us in the near future to having 18.5% of gdp as retches and 21% as expenses. we've had that plan basicly in effect since world war ii. it's bounced around a bit, but those two levels, 18.5 and 21 are sustainable, in the sense that they will not increase the ratio of the national debt to gdp. they'll run a deficit every year, but because our economy grows 18.5 and 21 is a very sustainable figure, in fact will probably bring down the debt to gdp over time. >> carol loomis next to him have been on a immediate use tour with their new book, that we're held to the fire, got a very good interview. >>> costco still remains one of the top gainers as they jump on top this special dividend bandwagon, stocks up almost 5%. the dividend, by the way, $7 on common, payable december 18th to shareholders of record december 10s. it
age. if i ever need it, i will know that this report. dagen: there you go. president obama sets to speak at any moment. we will take you there live when that begins to happen. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doe't pay all my medical expense i look at my options. then i got a medicare sulement insurance plan. [ male announc ] if you're elible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now andind out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance coany. it helps pick up some of what medica doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i'veeen with my doctor r years. now i know i'll be able to stick with hi [ male announcer ] with these types of plans, you'll be able to visi any doctor or spital thatccepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request thisree decision gui t
. but it is not what the speaker of the house plans to do. there is no plan right now for this vote to take place on the house floor. i will point out, though, that this is exactly what president obama himself said he would like to see house republicans do. i asked him about it at the press conference, the president had last week or was it two weeks ago, he said, look, house republicans should just, well, let him say it. here you go. >> the senate has already passed a law like this. democrats in the house are ready to pass a law like this. i hope republicans in the house come on board too. we should not hold the middle class hostage while we debate tax cuts for the wealthy. we should at least do what we agree on. and that's to keep middle class taxes low. and i'll bring everyone in to sign it right away so we can give folks some certainty before the holiday season. >> the white house point of view and which they feel is reflected in representative cole's position there is that it is very clear that they're in the going to -- neither side is going to let taxes go up on all americans. and so why no
cia director has some serious problems as well. president obama pulls out all the stops to keep middle class taxes low, but will congress go along with higher taxes for the rich? plus, a long secret u.s. plan, get this, to explode an atomic bomb on the moon. what were they thinking? i'm wolf blitzer. you're in "the situation room." >>> today we may be at the tipping point for one of the most important decisions president obama needs to make as he begins his second term. on capitol hill republicans including moderate republicans are sending the president a clear warning, don't nominate susan rice to replace hillary clinton as secretary of state. rice is the current u.s. ambassador to the united nations. she spent a second day meeting with senators trying to explain some of her inaccurate comments she made after the september 11th terrorist attack on the u.s. consulate in benghazi, libya. cnn's senior congressional correspondent dana bash is joining us now from capitol hill with the very latest. what happened today, dana? >> reporter: wolf, it was one thing for susan rice to be criticize
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